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Market Chatter: Volkswagen Said to Recall 4 Million Cars Over Steering System Issue

MT Newswires·09/25/2026 10:04:05
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10:04 AM EDT, 09/25/2026 (MT Newswires) -- Volkswagen (VOW.F, VOW3.F) and its subsidiaries will recall an estimated 4 million units worldwide due to a potential issue with the vehicle steering system's screw, German newspaper Handelsblatt reported Friday. The recall includes 2 million cars produced under the German carmaker's brand, according to information from the German Federal Motor Transport Authority. Meanwhile, 1 million vehicles are from Skoda, with 700,000 from Audi and 200,000 from Seat, sources told Handelsblatt. Volkswagen did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)